Example: Use Case

Let’s assume that you have a NIBT Expense and seeing a trend of it in for the current year, you notice that this account has a high\low value as compared to prior quarter and you feel that you would like to investigate.

Use Case Example

Use Case Example - Detail

With Tax Automation Trace:

  • You navigate to Tax Automation Trace form by using Automated Trace action menu or right click on cell to open the Current Provision Trace form.

    Automated Trace Option

    Current Provision Trace Form

  • On the Trace form you must run business rule Trace for Tax Automation.

    Trace for Tax Automation

  • On completion it will generate amount stored at source along with the source POV.
  • You can now compare the source and target value side by side in a single form that is, Trace (source) vs Automated (target).
  • You can look into Trace detail which shows Logic applied, Percentage of source amount and Source POV.

    Trace Detail

  • If any issues are identified in the Trace information you can go to Tax Automation form and correct the mappings.